Tuesday, January 19, 2021
Tags Chinese mutual funds

Tag: Chinese mutual funds

Bank of Communications Becomes Fifth Big State-owned Lender to Grab Privately Offered Fund License

Five of China's six big state-owned banks have grabbed licenses from regulators for their debt-equity conversion vehicles to operate privately offered investment...

Mutual Funds under Bank Custodianship in China Rise 782.8 Billion Yuan in a Year

Mutual funds under bank custodianship in China have risen by over 780 billion yuan (approx. USD$112 billion) over the past year, while...

Chinese Mutual Funds Capsize in Record Numbers Amidst Shadow Banking Crackdown

Beijing's ongoing crackdown on the shadow banking sector has led to an unprecedented number of mutual fund closures in 2018. Over 600 funds in China's...

76 Chinese Investment Funds Liquidated Since End of June for 2.2 Closures Per Day

New data indicates that China's publicly offered funds have continued to post a woeful showing since the start of the second half. Figures from East...

China’s Publicly Offered Funds Paid 1.71tn Yuan in Dividends by End of 2017

The latest data  from the China Securities Regulatory Commission (CSRC) indicates that publicly offered funds in the country paid out 1.71 trillion yuan in...

China’s Publicly Offered Funds Post Profits of 558.5bn in 2017

China's publicly offered funds saw profits of 558.562 billion yuan in 2017, with hybrid funds and equity funds accounting for nearly half this amount. Data...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...